Nobel Energy Announces New Gas Discovery Offshore Israel

Noble Energy on Sunday announce discovery of natural gas at the Karish prospect offshore Israel, Jewish Business News reported.

The well was drilled to the total depth of 15,783 feet and encountered 184 feet of net natural gas pay, the news report said.

The Karish discovery is the fifth discovered field with an estimated gross mean resource size over 1 Tcf. It is also the seventh consecutive field discovery for Noble Energy and its partners in the Levant Basin, the newspaper said.

With the addition of Karish and the recent increase in resource estimates at Tamar and Leviathan, total discovered gross mean resources in the Levant Basin are now estimated to be approximately 38 Tcf.